Deals
Syngenta Plans Cuts Affecting 1,800 Jobs to Reduce Costs
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Syngenta AG, the world’s largest maker of crop chemicals, said it will cut or relocate 1,800 jobs as Chief Executive Officer Mike Mack tries to tackle its cost base in countries such as Switzerland.
The cuts are part of a program announced in February under which Syngenta will save $1 billion annually by 2018. About 500 of the positions affected are in Basel, Switzerland, where the company is based.